Business


Prez Sirleaf on a guided tour of the facilities with Premier Homes CEO, Floyd Thomas (R) during the climax of the dedicatory ceremony

Prez Sirleaf Encourages Liberians to Invest At Home

President Ellen Johnson Sirleaf last Thursday led an array of personalities, including government officials to perform a dedication of the newly constructed modern housing units in Gbengbar Town, around the VOA Junction in Paynesville City, outside Monrovia.

 The complex, which comprises several modern designed houses, is constructed by Premier Developers JV Company, a wholly Liberian owned company, headed by its president and chief executive officer (CEO), Floyd Thomas.


One of the homes by JV Company

Premier Estate Dedicates New Housing Units Today

One of Liberia’s post war developers, JV Company, will today officially open its newly constructed housing units in Monrovia, President and Chief Executive Officer (CEO), Floyd Thomas, has disclosed.

 According to Mr. Thomas, the Premier Estate, a wholly Liberian-owned enterprise, will afford Liberians and residents the opportunity to make a choice between owning a home and renting one.


Mr. Dieye, UNDP’s Director of Regional Bureau for Africa

Due to Ebola Impact West African Economies Set to Lose US$3.6 Billion Annually

The countries of the West Africa region that experienced low or zero incidence of Ebola have still been affected by the Ebola crisis because of their deep connections with the three hardest hit countries, according to a new United Nations report released yesterday.

Spreading from Guinea in December 2013, the Ebola hemorrhagic fever has already killed 10,000 people, mainly in Liberia, Guinea and Sierra Leone.


Mr. Mayah: “Electricity theft imposes huge financial loss on LEC, making it difficult to pay workers.”

LEC Loses US$1.4m Monthly

The Chief Executive Officer of the Liberia Electricity Cooperation (LEC), Joseph T. Mayah, has said that the corporation is losing an estimated US$1.4 million monthly due to electricity theft in the country.

Mr. Mayah made the disclosure last Friday at the Ministry of Information regular press briefing.

According to him, electricity theft has imposed a huge financial loss on the corporation, making it difficult to pay workers, buy fuel to run the generators and maintain the equipment.


A cross-view of the Ganta entrepreneurs

New Mineral Water Factory Inaugurated in Ganta

 In an effort to reduce poverty and create more jobs in in Ganta, the commercial hub of Nimba County, a group of business entrepreneurs under the banner, Ganta Traders Incorporated has inaugurated a mineral water factory. This exercise, according to our correspondent, is the first component of the group’s investment.

Inaugurating the Mineral Water Factory yesterday in Ganta City, the leader of the group said their dream is to build housing estates, export cars, and as well build a multi-purpose factory that will create more jobs for the residents.

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